Easyhome New Retail Group Corporation Limited (SZSE:000785) commences share repurchases on November 2, 2021, under the program mandated by the shareholders in the Extraordinary General Meeting held on November 2, 2021. As per the mandate, the company is authorized to repurchase its A shares for a total of CNY 500 million. The shares will be purchased at a price not exceeding CNY 7.84 per share.

The shares will be used for ESOP or equity incentives. The program will be valid for 12 months from the date of the shareholder's meeting.